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Nonqualified Deferred Compensation (NQDC) Proposed Legislation Description of Johnson Amendment
The ERISA Industry Committee [ERIC]
Oct. 5, 2004
Excerpt: The amendment makes technical changes to the proposed legislation on NQDC. The amendments are consistent with eliminating abusive arrangements and provide bright-line rules on a going forward basis for NQDC.' The full text of the 11 page amendment is at http://www.eric.org/forms/uploadFiles/32AF00000007.filename.Johnson_Amendment.pdf
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